How to take advantage of new paid family, medical leave tax credits

The new tax law includes a two-year credit for paid leave, but employers have no official guidance yet on how to take advantage of it.

By Marlene Y. Satter|January 11, 2018 at 07:32 AM|Originally published on Benefitspro.Com

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Employers could claim up to a 25 percent if they pay employees their full regular earnings while on leave. (Image: Shutterstock)

Employers wanting to take advantage of the new paid leave tax credit that was part of the new tax law will pretty much have to follow the language of the law in order to do so, since no guidance has yet been issued by either the IRS or the Treasury Department.